DFM and ADX edge up

The Dubai Financial Market has edged up by 0.07% to 1,714 today, driven by a strong boost from the utilities sector, which rose by 2.89%. The National Industries Group was the biggest gainer and went up 14.81%. Emaar was the most traded stock by both volume and value today.

The Abu Dhabi Securities Exchange closed 0.39% up today, despite a 1.36% decrease in the construction sector. Financial House was the stock which slipped the most, by 9.21%. Gulf Livestock Company enjoyed the highest gain, of 8.70%.

The current Foreign Exchange and Gold rates are:

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Forex Rates (AED)

Currency             Buy            Sell

US Dollars            3.653         3.685

Euro                     4.423         4.606

Pound                  5.165         5.368

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Gold Rates (AED)

Type             Today              Yesterday

TT Bar           17000.00         16800.00

24 Carat       149.00             146.00

22 Carat       137.75             136.00

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